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2023-06-27 14:06:19 ET Morgan Stanley initiated its coverage of GE HealthCare Technologies ( NASDAQ: GEHC ) with an Equal Weight rating and a $76 per share price target on Tuesday, referring to in-line estimates and valuations for the MedTech giant on Wall Street. Arguing that t...
2023-06-15 05:06:02 ET Siemens ( OTCPK:SIEGY ) ( OTCPK:SMAWF ) will invest €2B to boost manufacturing capacity, including a new facility in Singapore and expansion of its digital factory in Chengdu, China. The German conglomerate said that it will spend ~€200M...
2023-06-12 17:00:39 ET Medtronic Plc ( NYSE: MDT ) appears likely to continue with a plan off its patient-monitoring and lung-treatment businesses after potential sale interest cools. Talks with private equity firm Carlyle Group ( CG ) have slowed and the strategic bidder's ...
2023-05-30 06:33:00 ET Summary Siemens reports strong Q2 2023 performance with increased orders, revenues, net income, and margins across multiple segments. The company is well-positioned to benefit from digital transformation, electrification, and sustainability trends in the glo...
2023-05-29 09:31:04 ET Summary I looked at Siemens Healthineers in my last article back in March, which makes it suitable for an update at this time. Siemens Healthineers remains a solid company to look at for long-term investment - even if the company has outperformed and is more...
2023-05-23 09:45:00 ET Summary Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack. My dividend income in April amounted to a record $755. Th...
2023-05-11 02:52:08 ET Siemens Healthineers AG (SEMHF) Q2 2023 Earnings Conference Call May 10, 2023 02:30 ET Company Participants Marc Koebernick - Head, Investor Relations Bernhard Montag - Chief Executive Officer Jochen Schmitz - Chief Financial Officer ...
2023-05-10 13:32:43 ET Siemens Healthineers AG ( OTCPK:SEMHF ): FQ2 Non-GAAP EPS of €0.43. Revenue of €5.35B (-2.0% Y/Y). We confirm our expectation for comparable revenue growth of -1% to 1% (6% to 8% excluding revenue from rapid COVID19 antigen tests) and adjus...
2023-05-09 12:13:32 ET Cancer test makers iCAD ( NASDAQ: ICAD ) and Hologic ( NASDAQ: HOLX ) recorded sharp gains on Tuesday after the U.S. Preventive Services Task Force issued draft changes to breast cancer screening guidelines. Per the proposed guidelines, the task ...
2023-05-05 11:27:33 ET Baxter International ( NYSE: BAX ) has appointed Chris Toth as CEO of its planned spinoff of its renal care and acute therapies businesses. He is currently EVP and group president, kidney care. Before joining Baxter ( BAX ), Toth was CEO of V...